Funding, infrastructure, an efficient team and government policies are decisive factors for a business, but these are secondary. According to a study, the majority encounter setbacks because of inadequate demand in the market. For the sustainable growth of a business, its offerings must have a market replete with active/potential consumers. ... Read More »

(Representative image) NEW DELHI: The country’s start-up community should now not worry about taxmen and concentrate on their businesses as concerns related to ‘angel tax’ have been “sorted out”, the CBDT chief said on Saturday. Central Board of Direct Taxes (CBDT) chairman P C Mody told PTI in an interview that all ... Read More »

Sensing the potential of the student housing market, many start-ups have entered the fray. Student housing providers such as Oxfordcaps, Tribestays, PLACIO, Stanza Living, Campus Student Communities, Housr, Simplyguest, etc. currently operate in Delhi, Pune, Bengaluru, Noida, Mumbai, Indore, Dehradun, Ahmedabad and Jaipur. The top 10 players in the organized ... Read More »

Jets used for corporate travel by Russian state-owned oil major Rosneft flew at least 13 times to Mallorca, Ibiza, Sardinia and the Maldives when CEO Igor Sechin or people from his social circle were in the same vacation spots. Using publicly available data, Reuters tracked 290 Rosneft flights between January, 2015 and May, 2019. Of those round trips, 96 took place during Russian public holidays or between ... Read More »

LUSAKA: Vedanta Resources on Tuesday plans to challenge the appointment of a provisional liquidator and the intended winding up of its Zambian business without the chance to be heard through lawyers of its choice, documents filed in court show. According to a notice filed in court on June 6, Vedanta wants to ... Read More »

Jeff Bezos has a message for budding entrepreneurs: be ready to take big risks and fail. Bezos delivered that message at Amazon’s re:Mars conference on Thursday in Las Vegas, after he was asked what advice he would give to anyone looking to start their own business. “Take risk. You have ... Read More »

If you’ve been out and about in Silicon Valley in the last month or so, chances are you’ve heard of “Alpha Girls,” a new book written by journalist Julian Guthrie about four investors who’ve made a big impact on the world of startup investing. The book recognizes them — Theresia ... Read More »

Adi Godrej, Chairman, Godrej Group, talks about the fourth quarter results of the company, expectation from election results and its acquisition plans during an interview with Anurag Shah, Zee Business. Excerpts: Q: What can be the reason behind the decline in your chemical and crop protection business? And, what is ... Read More »

Intel is looking to sell its smartphone-modem business, now that it’s officially out of the race for 5G chipsets, The Wall Street Journal reports. In fact, Apple considered acquiring part of Intel’s modem ventures in talks that began last summer, but that deal stopped short just as Apple and Qualcomm reached a settlement in ... Read More »

Hotel Leelaventure’s Rs 3,950 crore asset sale to Canada’s Brookfield Asset Management has run into a roadblock with the Securities and Exchange Board of India (SEBI) putting the transaction on hold after a complaint by minority shareholder ITC. The tobacco giant, which owns 7.9 percent in Hotel Leela, has alleged that ... Read More »

Singapore/Seattle: In a rare retreat for Amazon.com Inc., the e-commerce giant plans to shut down its Chinese marketplace business in July as it shifts its focus to offering mainland consumers overseas products rather than goods from local sellers. Amazon will keep running its other businesses in China, including Amazon Web Services, ... Read More »

MUMBAI: Reliance Jio Infocomm’s fibre network unit is raising about Rs 27,000 crore in syndicated loans from a group of banks, three executives aware of the financing plans told ET, as the newly created infrastructure business expands to meet expected demand for its assets from sectors such as power besides telecom and ... Read More »